BUZZ-NextEra Energy falls on lower Q4 profit

Reuters
24 Jan
BUZZ-NextEra Energy falls on lower Q4 profit

** Utility firm NextEra Energy's NEE.N shares fall 1.5% to $67.82 premarket

** Company posts Q4 earnings of 58 cents per share compared with 59 cents per share a year ago

** NEE's renewable business, NextEra Energy Resources, reports Q4 loss of $442 mln compared with a net profit of $885 mln a year ago

** Company records Q4 revenue of $5.39 bln vs est of $7.07 bln - data compiled by LSEG

** Stock was up 25.7% in 2024

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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